Where insurance carriers have not satisfied certain medical loss ration (“MLR”) thresholds, rebates are made available to employer. These rebates were required to be distributed by carriers to
The New Jersey Department of Banking and Insurance recently issued Bulletin No. 21-08, which establishes a new notice requirement for small employers of fully insured group health plans subject to
On May 10, 2021, HHS announced that it will interpret and enforce Section 1557’s prohibition on discrimination on the basis of sex to include discrimination on the basis of sexual orientation and
While most industry professionals would agree the COVID-19 pandemic will impact health insurance premiums, few have a grasp yet on just how significant any increase will be. Until we know more, one
Every employer with six or more employees in Massachusetts must annually submit a Health Insurance Responsibility Disclosure (HIRD) Form. Employers must file the annual HIRD form through the
Most businesses today have come to the realization that the traditional 9-5 in-office workday has permanently transitioned to a hybrid environment where employees work from the office some days and
The Department of Labor recently published the annual adjustments for 2021 that increase certain penalties applicable to employee benefit plans.
The IRS recently announced that the adjusted applicable dollar amount used to determine the PCOR fee for plan years ending on or after October 1, 2020 and before October 1, 2021 is $2.66.
Employers sponsoring a group health plan need to report information on the creditable status of the plan’s prescription drug coverage to CMS within 60 days after the beginning of the plan year. An
Podcast #45 – Listen for important information about about The American Rescue Act of 2021 - What You Need to Know with Director of Legislative Awareness and Training Shelly Bloom.
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